Coal News & Price Data – August 16, 2023 – Chinese Steel Production up 12% in July
August 16, 2023
China’s crude steel production surged by 11.5% year-on-year to 90.80 million metric tons (mt) in July
Tag: Coking coal
US Coal Outlook
August 15, 2023
July’s high summer temperatures and heatwaves in many parts of the country led to increased thermal coal burn.
Coal News & Price Data – August 15, 2023 – More on US Steel M&A
August 15, 2023
The combo of Cleveland-Cliffs & US Steel would result in the largest steel producer in the US & a monopoly on iron ore production in the USA.
Thoughts on US Steel & Cleveland Cliffs News
August 14, 2023
The news dropped Sunday night that Cleveland Cliffs (CLF) has offered a cash and stock bid worth $7.3B for US Steel (X).
Coal News & Price Data – August 11, 2023 – Strike at S32’s Appin Mine
August 11, 2023
South32 said it’ll halt some Appin Mine operations, which is part of Illawarra Metallurgical Coal, due to a strike of mining supervisors.
Coal News & Price Data – August 3, 2023 – WHC Investor to Kill BHP Bid?
August 3, 2023
An eleventh-hour push by a mystery investor is threatening Whitehaven Coal’s bid for BHP’s Blackwater and Daunia coal mines in Queensland.
Coal News & Price Data – August 2, 2023 – India to Offset Half of China’s Commodity Demand
August 2, 2023
India is expected to fill almost half of the shortfall in commodity demand growth caused by slowing demand in China in the coming decade.
Coal News & Price Data – July 31, 2023 – India Steel & Infrastructure Booming
July 31, 2023
India’s infrastructure output grew by 8.2% year-on-year in June, the fastest rate in five months, driven by strong performance in sectors like steel, coal, and cement.
Chinese Stimulus Dud?
July 29, 2023
In terms of Chinese economic growth and steel demand, here’s what we know.
Coal News & Price Data – July 27, 2023 – NSW Floating Higher Royalty Rate Scheme
July 27, 2023
NSW Treasurer Daniel Mookhey is considering increasing coal royalties in the state to obtain a fair return for resources.
Coal News & Price Data – July 26, 2023 – Expect Lower Earnings for Coal Producers
July 26, 2023
Most US coal companies are expected to report lower second-quarter earnings compared to the same period last year and the previous quarter due to lower coal prices.
Annual Met Contract Pricing Discussion
July 26, 2023
I had lunch with a met producer sales guy yesterday and while discussing the upcoming domestic sales negotiating season, he mentioned that met buyers (North American end-users) seemingly “have all the power.”